Showing 1 - 10 of 4,619
US nuclear plant revived to help power AI
Published on 20/09/2024
» A unit at the Three Mile Island power plant, the site of the worst nuclear accident in American history, will restart operations to sell power to Microsoft for energy-hungry data centres tapping the boom in artificial intelligence.
Lighthub-WeLab consortium among virtual bank applicants
Nuntawun Polkuamdee, Published on 20/09/2024
» A consortium of Lighthub Asset, a Thai fintech powerhouse, and WeLab, a leading pan-Asian fintech platform, has applied for the Bank of Thailand's (BoT) virtual bank licence, with results expected in the first half of 2025.
Deeper Dive: Thailand, tourism and global harmony
Published on 20/09/2024
» Thailand’s recent relaxation of visa restrictions was necessary for both the economy and social stability, says a leading travel historian, because the kingdom is deeply dependent on tourism.
Bank of Thailand stresses independence
Bloomberg News, Published on 20/09/2024
» Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput on Friday stressed the need for central bank independence in setting monetary policy amid a lengthy disagreement with the government over whether or not interest rates should be cut to support the economy.
Baht’s biggest rally since 1998 threatens tourism, exports
Bloomberg News, Published on 20/09/2024
» Thailand's baht is on course for its biggest quarterly gain since the Asian financial crisis, threatening to derail a recovery in the nation's key tourism and export industries.
Centara Life to offer flexible hotel stays
Business, Molpasorn Shoowong, Published on 20/09/2024
» Centara Hotels & Resorts (CHR) is upbeat on the "upper midscale" segment trend as it launches a rebranded Centara Life, with plans to expand in Southeast Asia, Japan and the Middle East.
Planting seeds of sustainability: Grab's carbon offset journey
Business, Suchit Leesa-nguansuk, Published on 20/09/2024
» As the spectre of global boiling looms large, innovative partnerships offer a beacon of hope. Grab, a leading superapp in Southeast Asia, and EcoMatcher, a technology-driven tree-planting platform, have forged an alliance in an effort to combat climate change.
Board of Investment okays Haier's B13.5bn factory project
Business, Lamonphet Apisitniran, Published on 20/09/2024
» The Board of Investment (BoI) continues to promote the smart electronics industry after approving a 13.5-billion-baht investment project of China's Haier Smart Home Co, involving the construction of a new factory in Chon Buri for the production and sale of smart air conditioners domestically and overseas.
Thailand makes great strides in global cybersecurity index
Business, Suchit Leesa-nguansuk, Published on 20/09/2024
» Thailand skyrocketed to seventh place in the Global Cybersecurity Index (GCI) this year from 44th in the 2020 ranking, with 194 countries rated, according to the National Cyber Security Agency (NCSA).
Harsher consequences for tolerating scams
Business, Suchit Leesa-nguansuk, Published on 20/09/2024
» The Digital Economy and Society (DES) Ministry is planning to amend regulations in order to enforce liability for banks and telecom operators if they are found to be negligent in tackling online scams, says DES permanent secretary Wisit Wisitsora-At.